About SQ
Company Profile
Jinan Shengquan Group Share-Holding Co., Ltd.

Jinan Shengquan Group Share-Holding Co., Ltd., founded in 1979, occupies a land area of more than 3,000mu land and has over 4,000 employees, with its HQ located in Diaozhen, Zhangqiu, the hometown of Meng Luochuan who was a famous business man. Its business map covers biorefinery, high-performance resin and composites, foundry materials, health & pharmaceutical industry, new energy, etc., with products sold to Europe, America and Southeast Asia and over 50 countries and regions in the whole world. On Aug. 10, 2021, Shengquan Group was officially listed on the main board of Shanghai Stock Exchange (stock code: 605589). 


Shengquan Group consists of 3 manufacturing individual champion demonstration enterprises (two at national level and one at provincial level), 8 hi-tech enterprises and 5 specialized and sophisticated enterprises that produce new and unique products, and has been awarded with the following honors: national technology innovation model enterprise, national key leading enterprise of agricultural industrialization, national intellectual property model enterprise, one of the first batch of national "green factories", one of Chinese top 500 private manufacturing enterprises. Shengquan Group has developed to be the global leader of straw energy saving and comprehensive utilization and the manufacturer of thermal insulation raw materials for the re-entry capsules of Shenzhou spacecrafts. The production and sales volume of main products, namely, furan resin and phenolic resin, among the top in the world. Many products such as photoresist resin for IC, electronic resin for 5G PCB, and light steel reinforced aluminum conductor (LGJQ) have broken the foreign monopoly.


Innovation is the soul of the development of Shengquan Group. Shengquan Group has established a national enterprise technology center and more than ten professional research institutes, totaling over 400 scientific researchers and over RMB 350 million investment in research and development per year. Shengquan Group has been granted to set up many scientific research platforms such as the national postdoctoral research workstation, national certification and accreditation laboratory and Shandong Provincial Project Research Center. With special attention to the construction of industry, university and research, Shengquan Group has built long-term cooperative relations with over 50 colleges and universities, such as Chinese Academy of Sciences, Tsinghua University, Xiamen University, Shandong University, Tianjin University and Harbin Institute of Technology, together with multiple coordinative innovation platforms built, thus increasingly improving its innovation system. Shengquan Group has formed an international team with nearly 30 world-class experts, further injecting innovation vitality into the company. In addition, Shengquan Group has applied for over 1,200 international and national patents, with many being rewarded “China Patent Silver Prize” and “China Patent Excellent Prize”. Shengquan Group has successively undertaken nearly 100 scientific programs at and above provincial level, hosted and drafted nearly 100 standards, thus well demonstrating innovative achievements.


To realize the vision of “establishing Time-honored Shengquan Group for Human’s Wellbeing”, Shengquan Group, powered by innovation, science & technology, talent and investment, will further increase its technology innovation input in the fields such as electronic chemicals, biomedicine, composites and new energy, structure a low-carbon, ecologic and circulating high-quality development system, and hammer at becoming a global leading solution provider of biomass and new chemical materials.

1979
Establishment of SQ
4000
+
Current Staff
500
Top
China Private Enterprises in the Manufacturing Industry
3000
+
Area
130
Billion
Total Assets
President's Message

Over the past 40+ years, Shengquan Group, by been keeping pace with the times, bearing the original aspiration in mind and entertaining a firm belief and enhancing the innovation-driven pattern, has developed from an unknown village company to a hi-tech player devoted to new energy and materials of biomass, and new chemical materials. Meanwhile, powered by continuous innovation, Shengquan Group strives to be the first in many industries and even the international market , and introduces its brand of “Shengquan” worldwide. Now, Shengquan Group has been awarded as the national manufacturing individual champion demonstration enterprise, the national technological innovation demonstration enterprise, and the leading enterprise in the field of synthetic resin in China, and has been successfully listed on the main board of Shanghai Stock Exchange.
Innovation is the soul of Shengquan Group. The reason that Shengquan Group can sustain exuberant vitality over the years is that we have made every reasonable effort to collect innovative resources, activate innovation power and improve innovation capacity. Thanks to continuous innovation, we have become the global leader of integrated utilization of biomass and topped the world in terms of production and sales volume of Furan resin and phenolic resin. Thanks to innovation, we have yielded fruitful achievements in new technologies and products, including phenolic resin for photoresist, special resin for 5G copper clad laminates and nuclear power, light steel reinforced aluminum conductor (LGJQ) …Shengquan Group is speeding up the localization of high-end materials. Thanks to innovation, we have made numerous contributions to many fields, such as "Shenzhou" spacecrafts, Long March 5B carrier rockets, "Fuxing" high-speed train, semiconductor chips, etc.


Talent is the life of Shengquan Group. On the new journey of innovation and pioneering, everyone shall grow to an independently capable talent and the subject of innovative development. We will, by vigorously implementing the "strengthening the enterprise by trained personnel" plan, following the tenets of respecting, cultivating and making good use of talents”, enhance talent cultivation and team construction and build a powerfully attractive talent environment to promote sustainable development. We will, by creating a good working and pioneering vibe for every employee through institutional innovation, tolerating trial, error and failure, strengthen the sense of responsibility and encourage Shengquan employees to take on responsibility and respond, in which way employees with ambition and capacity will have opportunities and resources to successfully complete their ambition, and get rewarded. In a word, Shengquan Group will be a great stage for inspiring enthusiasm, displaying talent and achieving success.


Serve the country and society worthily with the industry. We will, by giving full play to the corporate spirits of “daring to think and eager to learn”, shouldering the innovation mission of “making breakthroughs continuously and reshaping the industry to endlessly create values for the society”, spare no effort to master the industrial leading and core technologies, further reinforce the industry chain and catalyze innovation chain, aiming to refine products, reinforce industry and optimize brands. On the way to a global leader of biomass and new chemical materials, we shall be responsible and aggressive, start well and end well.


Establishing Time-honored Shengquan Group for Human’s Wellbeing has been our forever work direction!

Development History
2022
Daqing Shengquan Biomass Project was completed and put into operation.
2021
The Shengquan Group (605589.Sh) achieved a successful listing on the main board of the Shanghai Stock Exchange in 2021.
The phenolic resin project with the annual output of 230,000t has been completed and put into operation, and the scale of phenolic resin production ranks first in the world.
2019
The “Shengquan method” has achieved a significant breakthrough in straw refining integration technology, and Daqing project was put into operation.
2017
Mr. Tang Diyuan was formally designated as the President of Shengquan Group.
2015
The title of “National Technological Innovation Model” was bestowed upon Shengquan Group, making it the first privately-owned enterprise in Jinan city to be honored with this accolade.
2014
The Shengquan Group was officially listed on the National Equities Exchange and Quotation (NEEQ) system for SMEs, commonly referred to as the “New Third Board”.
2012
The initial iteration of biomass comprehensive utilization technology has been successfully developed, and the project has been fully executed and operationalized.
Chairman Tang Yilin accompanied President Hu Jintao on a visit to Denmark.
2011
The Shengquan Group has been recognized as one of the “Top 500 private enterprises in China” and “Top 500 manufacturing enterprises in China” for the first time.
Phenolic hollow microspheres were successfully applied to the re-entry capsule of Shenzhou 8 spacecraft, and Shengquan Group became the manufacturer of thermal insulation raw materials for the re-entry capsules of Shenzhou spacecrafts.
2010
The enterprise technology center of Shengquan Group has been officially recognized as a national-level enterprise technology center.
2007
Shengquan Group became one of the largest ceramic filter providers in Asia.
2005
Shengquan Group became one of the largest phenolic resin production bases in China.
2003
Shengquan Group became one of the largest furan resin production bases in the world.
2002
Shengquan Group was recognized as "national key leading enterprise of agricultural industrialization", and was the first enterprise in Jinan City won this honor.
1997
Shengquan Group collaborated with UK Hepworth Minerals & Chemicals Ltd. (HMC) to establish Jinan Shengquan Hepworth Chemical Co., Ltd., a joint venture.
1994
The incorporation of Jinan Shengquan Group Share Holding. Co.,Ltd. was formalized following the implementation of shareholding reform.
1992
Shengquan Group ventured into the phenolic resin industry.
Set up the Shandong Province Zhangqiu Chemical Industry Institute.
1991
The Benzol-free cold-hardening furan foundry resin, independently developed by Shengquan, was honored with the gold medal at the national “Seventh Five-Year” Spark Program Achievements Expo, effectively addressing a domestic gap.
1987
The project for the development of furan resin was initiated.
1985
ang Yilin, the Board Chairman, was appointed as the manager of Furfural Factory.
1979
The incorporation of Diao Town furfural factory (the predecessor of Shengquan Group) took place.
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Honors
Social Responsibility
Shengquan Group donated 1 million yuan to the Sichuan earthquake-stricken area
Shengquan Group serves as the Vice Chairman Unit of Jinan Social Poverty Alleviation Foundation, and has donated RMB 1 million to the original fund.
Since the outbreak of COVID-19 in 2020, Shengquan Group has donated epidemic prevention materials valuing more than RMB 50 million at home and abroad to help fight the epidemic.
From 2016 to 2019, Shengquan Group has participated in the “Production Loan for Enriching the People” by contributing more than RMB 8 million to help increase the income of nearly 10,000 poverty-stricken people.
In 2019, Shengquan Group donated RMB 500,000 to Zhangqiu Charity Association to fight against Typhoon Lekima.
In 2018, Shengquan Group donated biomass graphene products worth of RMB 10 million and RMB 300,000 in cash to the disaster area in Shouguang.
In 2017, Shengquan Group donated made donations to building two love libraries.
In 2017, Shengquan Group donated materials valuing RMB 1 million to Xinyi Public Welfare Foundation.
In 2017, the “Shengquan Help Poverty Alleviation Public Welfare Fund” was established and has raised the first pool of RMB 3 million for poverty alleviation and public welfare charities.
In 2016, Shengquan Group subscribed RMB 10 million charitable funds.
In 2012, Shengquan Group invested RMB 1 million to establish the Excellent Teachers and Students Award Fund.
In 2010, Shengquan Group donated RMB 1 million of products to support the disaster area in Yushu, Qinghai province.
In 2010, Shengquan Group donated RMB 300,000 to support the construction of Guizhou Bijie Experimental Zone.
In 2010, Shengquan Group carried out the activity of “Showing Love to the Three Groups of Elderly Who Have Made Great Contributions to CCP Career for Thanking Society” with a total investment of nearly RMB 3 million.
In 2009, Shengquan Group donated materials valuing RMB 10 million to the 11th National Games.
In 2009, Shengquan Group subscribed RMB 32 million charitable funds and set up the charity workstation.
In 2008, Shengquan Group donated RMB 1 million for medical and health services in remote and backward areas.
In 2008, Shengquan Group donated more than RMB 3.2 million to support earthquake relief activities in Wenchuan, Sichuan.
In 2007, Shengquan Group sponsored “May 8th World Red Cross Day", a large-scale fundraising activity with millions of volunteers participated.
In 2006, Shengquan Group sponsored “Holdup the Sun of Tomorrow” Children's Painting and Calligraphy Photography Exhibition.
In 2005, Shengquan Group donated RMB 250,000 in cash to the "One-day Donation" charity activity.
In 2004, Shengquan Group donated clothing worth of RMB 200,000 to support the flood relief in Heze and other central and western areas of Shandong.
In 2003, Shengquan Group donated RMB 300,000 in cash to fight SARS.
In 2002, Shengquan Group sponsored the “International Boules Invitational Tournament”.
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Corporate Culture
Enterprise Mission/Vision
Develop Green Technologies, Help Employee Development,
Establish Time-honored Shengquan Group for Human’s Wellbeing
The enterprise mission indicates the value and significance of the existence of the enterprise, and the enterprise vision describes the plan and target of the future development of the enterprise.

By combining its enterprise mission and enterprise vision as “Develop Green Technologies, Help Employee Development, Establish Time-honored Shengquan Group for Human’s Wellbeing”, SQ Group takes the global “carbon neutrality” as its own responsibility, focuses on the research, development and application of new green technologies and new materials, and pays attention to the personal development and value realization of its employees. SQ Group is committed to establishing time-honored Shengquan Group for human’s wellbeing.
Strategic Positioning
Global solution provider of biomass and new chemical materials
Strategic positioning defines the target customer positioning, industrial product positioning, business model positioning, etc., and it provides the guide for the enterprise’s development direction, resource allocation, acquisition and maintenance of business advantages and other business decisions.
According to SQ’s strategic positioning of being a global solution provider of biomass and new chemical materials, SQ Group, by taking biomass and new chemical materials as its core business, has extended its business scope to the biomass refining, recycling and comprehensive utilization industry, high-performance resin and composites industry, auxiliary foundry materials industry, health and pharmaceutical industry, new energy industry and health protection industry. Meanwhile, SQ Group has been committed to becoming a global solution provider of biomass and new chemical by implementing customer-centric principle and providing quality products, services and systematic/integrated solutions.
Enterprise Core Value
Treat people with sincerity and work hard with concentration
Enterprise core value refers to the basic belief and behavioral guideline advocated and observed by the enterprise in the process of pursuing business success. It serves as the highest concepts, norms, standards and codes of conduct for regulating the enterprise’s operation and management, the market, customers and employees, as well as conducting oneself in life and work.
According to SQ’s core value of “treating people with sincerity and working hard with concentration”, SQ employees are required to treat others and the enterprise/organization with sincerity and all their heart, as well as the unity of inner knowledge and action, and to work with persistence, being concentrative, focused and professional during work.
Enterprise Spirit
Open Mind, Curiousness, Innovation, Hardworking, Cooperation
Enterprise spirit refers to the spirit of the overall spiritual outlook of enterprise employees formed through careful cultivation based on the specific nature, task, mission, demands of the time and development direction of the enterprise.

Q Group sets “open mind, curiousness, innovation, hardworking, cooperation” as the enterprise spirit, and such enterprise spirit has been refined into the evaluation system of code of conduct for group staff, integrated into SQ’s rules and regulations, as well as all employees’ words and deeds.
Enterprise Mission/Vision
Develop Green Technologies, Help Employee Development,
Establish Time-honored Shengquan Group for Human’s Wellbeing
01
Enterprise Mission/Vision
Strategic Positioning
Global solution provider of biomass and new chemical materials
02
Strategic Positioning
Enterprise Core Value
Treat people with sincerity and work hard with concentration
03
Enterprise Core Value
Enterprise Spirit
Open Mind, Curiousness, Innovation, Hardworking, Cooperation
04
Enterprise Spirit
Business Concept
Everything is done to meet your needs
Business concept refers to our attitude and approach to our partners.We trust and respect our partners to achieve a win-win situation.
Respect others and maintain the good image of SQ;
Service with a smile and work as a problem solver; ;
Take responsibility and never pass the buck;
Keep empathetic and provide satisfactory solutions;
Provide services ahead of schedule and consider more than customers can.
Talent Concept
Intelligent, Diligent, Steadfast, Hardworking
Talent concept well interprets our standards and requirements for talents in the recruitment and training.
Intelligent: Be good at thinking and eager to learn;
Diligent: Spare no effort and show high passion;
Steadfast: Focus on implementation and results;
Hardworking: Resilient and responsible.
Management Concept
Simple, Useful and Effective
Thanks to over 40 years of accumulation of experience in management practice, accumulated SQ has formed a unique management concept by integrating and refining such rich experience.
Simple: Conduct information communication and exchange in a simple, direct, frank and open manner, thus avoiding bureaucracy, and analyze and solve complex problems in a simplified, logical, concise and comprehensive manner.
Useful: Think carefully about the purpose of the work or task before taking actions and communicating, and adopt the most practical solutions and necessary methods and tools for this target.
Effective: Adopt goal-oriented and result-oriented behaviors and ideas to maximize value with minimal cost and resource input.
Innovation Concept
Innovation is rooted in everyone’s mind
Quality Concept
Quality is as important as life
Safety Concept
Safety concerns everything around you
Strategic Portfolio
* Its products have not only been sold across China, but also been exported to more than 50 countries and regions including Europe, America, Southeast Asia
  • Jinan
  • Japan
  • South Korea
  • Philippines
  • Australia
  • New Zealand
  • Indonesia
  • Malaysia
  • Vietnam
  • Thailand
  • Russia
  • Sri Lanka
  • India
  • Pakistan
  • Uzbekistan
  • Iran
  • The united Arab emirates
  • Bahrain
  • Saudi Arabia
  • Iraq
  • Egypt
  • Israel
  • Türkiye
  • Bulgaria
  • Ukraine
  • Serbia
  • Poland
  • Italy
  • Germany
  • Sweden
  • Britain
  • Spain
  • Morocco
  • Mauritania
  • Brazil
  • Uruguay
  • Argentina
  • Chile
  • Bolivia
  • Peru
  • Ecuador
  • Columbia
  • Mexico
  • U.S.A
  • Canada
  • Jinan
  • Russia
  • India
  • Germany
  • Spain
  • Brazil
  • Heilongjiang
  • Liaoning
  • Sichuan
  • Anhui
  • Guangdong
  • Hong Kong
Sales Market
Subsidiaries
SQ